Hoboken Restaurant With Liquor License!!!! Just Reduced!!!!

| Asking Price: | $995,000 | Inventory: | |
| Gross Revenue: | Not Disclosed (comments below) | Real Estate: | n/a |
| Cash Flow: | Not Disclosed | FF&E: | n/a |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: Serious Inquiries | |||
Location, License, Lease!!!! This is where everyone wants to be! This is a busy restaurant in the hottest location with a liquor license and a long lease. The license is a "broad C" type. These are tough to come by. If you want to be in THE hot spot in Northern New Jersey, then give us a call: (203)426-5670.
About the Business
Year Established:2006
Employees:6 full time - 14 part time
Facilities:This restaurant has 75 seats inside, with a total of 135 during the warmer weather months. There is plenty of room to move in here with a full basement for storage and offices. You will have an opportunity to enjoy this business for a long time with 5 years left on the current lease, and two 5 year options to follow.
Market Outlook and Competition:This is the location that people want. You cannot ask for better visibility, in a hot locale. There are a number of possibilities here for this restaurant: You can keep the current successful operation in place, or you can change the food and/or take full advantage of the liquor license and capitalize on the bar business.
About the Sale
Seller Financing:Seller will hold $300,000 @ 7% over 5 years for a qualified buyer.
KEYWORDS: restaurant, bar, liquor license, hoboken, new jersey
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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